The Foinaven field is situated around 190km west of the UK's Shetland Islands, within the Faroes/Shetland Trough.

TechnipFMC recently announced it had been awarded a significant subsea contract, valued between US$75,000,000 and US$250,000,000, by Azule Energy to design and manufacture flexible flowlines and ...

Equinor and partners approve a new subsea development to boost gas supplies from Norway's giant Troll field.

The project is expected to contribute approximately 11 billion standard cubic metres (bscm) of gas over its operational life.

HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced the award of a substantial engineering, procurement, construction and installation (EPCI) contract by bp to its OneSubsea™ joint venture and ...

Equinor and partners will invest $412 million in a new Troll gas project, targeting 2028 startup and 11 billion cubic meters of output.

TechnipFMC plc FTI, a leading supplier of products, services and fully integrated technology solutions in the energy industry,has secured an integrated engineering, procurement, construction, and ...

HOUSTON, March 04, 2025 (GLOBE NEWSWIRE) -- KOIL Energy Solutions, Inc. (OTCQB: KLNG), a US-based company, and SubseaDesign AS, a Norway-based company, have formed a strategic alliance to accelerate ...

Rystad Energy’s latest report offers an optimistic outlook for the global subsea market, projecting capital investments to surpass $42 billion by 2027. This growth is anticipated to be fueled by ...

Schlumberger Limited (NYSE:SLB) and Equinor ASA (NYSE:EQNR) shares are trading higher today after Schlumberger won a contract from Equinor for the Subsea Production Systems (SPS) project in offshore ...

Bibby Offshore announced its decision to move into the offshore wind array cable installation market. The company has purchased a power cable lay carousel from Ecosse Subsea Systems (ESS), which will ...

State-owned Chinese telecom firms are reportedly working on the development of a $500 million subsea cable network project to rival a similar US-backed system. According to Reuters, the project would ...